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Incorporated in 1999, Barak Valley Cements Limited (BVCL) is in the business of manufacturing cement under the brand name “Valley Strong Cement”. BVCL does most of the business in North Eastern region of India. BVCL's products include Ordinary Portland Cement (OPC) and Portland Pozzolana Cement (PPC) with current capacity of 460 TPD cement manufacturing. BVCL plant is located at Joom Basti, Devendranagar, Badarpurghat, District Karimganj, Assam.
BVCL's income for fiscal 2005, 2006, 2007 were, Rs. 4916.59 Lacs, Rs. 5366.76 Lacs, Rs. 7438.02 Lacs respectively. PAT for fiscal 2005, 2006, 2007 were Rs. 1111.54 Lacs, Rs. 1237.10 Lacs and Rs. 1430.89 Lacs respectively.
The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital for
1. To expand clinkerisation capacity of our company from present 420 TPD to 550 TPD and Cement Grinding Capacity from 460 TPD to 600 TPD;
2. Investment in subsidiary companies:
3. For setting up a biomass based power project at Badarpurghat, Assam by our wholly owned Subsidiary Badarpur Energy Private Limited;
4. For installation of a Cement Grinding Unit by our wholly owned subsidiary Cement International Limited at Badarpurghat, Assam;
5. For installing a Limestone Crushing and galvanized plant at Lumshnong, Meghalaya by our wholly owned subsidiary Meghalaya Minerals & Mines Limited.
| IPO Opening Date | Oct 29, 2007 |
| IPO Closing Date | Nov 1, 2007 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹37 to ₹42 per equity share |
| Market Lot | 150 Shares |
| Min Order Quantity | 150 Shares |
| Listing At | BSE, NSE |
| Issue Size | 5,660,000 Eq Shares of ₹10 (aggregating up to ₹23.77 Cr) |
The Barak Valley Cements IPO market lot size is 150 shares. A retail-individual investor can apply for up to 31 lots (4650 shares or ₹195,300).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 150 | ₹6,300 |
| Maximum | 31 | 4650 | ₹195,300 |
The Barak Valley Cements IPO is subscribed 29.15 times on 11/1/2007 5:00:00 PM. The public issue subscribed 39.47 times in the retail category, 24.17 times in the QIB category, and 25.51 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
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| Listing Date | Monday, July 1, 2019 |
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| IPO Price | ₹42 per equity share |
| Face Value | ₹10 per equity share |
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Barak Valley Cements Ltd
265, Sreemanta Market Annexe,
A.T. Road,
Guwahati, Assam-781001
Phone: (0361) 2637351
Email: ipo@barakcement.com
Website: http://www.barakcement.com/
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: ipo_barak@intimespectrum.com
Website: https://linkintime.co.in/
Lead Manager Reports
Barak Valley Cements IPO is a main-board IPO of 5,660,000 equity shares of the face value of ₹10 aggregating up to ₹23.77 Crores. The issue is priced at ₹37 to ₹42 per equity share. The minimum order quantity is 150 Shares.
The IPO opens on Oct 29, 2007, and closes on Nov 1, 2007.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Barak Valley Cements IPO opens on Oct 29, 2007 and closes on Nov 1, 2007.
Barak Valley Cements IPO lot size is 150 Shares and the minimum order quantity is 150 Shares.
You can apply in Barak Valley Cements IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Barak Valley Cements IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Barak Valley Cements IPO allotment status.
Useful Articles
I did not get my refund yet for BARAK VALLEY Cements, can any body tell me how I cam contact INTIME for the same?
I tried tel : 022 25960320-28 but nobody picking up the ph. Wrote ipo_barak@intimespectrum.com and ipo.helpdesk@intimespectrum.com BUT didnt get any reply.
I am having ICICI demate a/c but every time I get refund in the form of cheques not direct transfer to my a/c. Can any body tell me what could be the issue.